Modulo 1 - Fundamental Terminology & Concepts Flashcards
1
Q
A dataset is a
A
collection or groups of related data
2
Q
A member’s dataset is known as
A
datum
3
Q
What is data analysis
A
It is the process of examining data to find facts, relationships, patterns, insight and/or trends
4
Q
Why data analysis?
A
for supporting decisions
5
Q
What is analytics?
A
Discipline of gaining and understanding data by analysing via a multitude of scientific techniques and automated tools, looking for hidden patterns and correlations
6
Q
What Business Intelligence is?
A
it is the process of gaining insights into working of an enterprise to improve decision making by analysing external and internal data
7
Q
Does BI applies Analytics?
A
yes, to large amount of data across the enterprise
